JAKARTA, Oct 23 (Reuters) – Malaysian palm oil futures fell for the fourth consecutive session on Thursday as weaker Dalian soyoil weighed on the market. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange lost 30 ringgit, or 0.67%, to 4,426 ringgit ($1,047.82) a metric ton in early trade. FUNDAMENTALS * Dalian's most-active soyoil contract lost 0.51%, while its palm oil contract shed 1.26%. Soyoil prices on the Chicago Board of Trade were up 0.22%. * Palm oil tracks price movements of rival edible oils, as it competes for a share of the global vegetable oils market. * Indonesia's biodiesel consumption from January to September stood at 10.57 million kilolitres, its energy minister Bahlil Lahadalia said on Wednesday, up nearly 10% from 9.61 milli
VEGOILS-Palm opens lower, tracking Dalian's soyoil

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